Vertical Farming Market 2018-2022 Key Leaders by Everlight Electronics co., Illumitex, Inc, Sky Greens, Hort Americas, Koninklijke Philips N.V

Market Scenario:

The reasons contributing to the growth of Vertical Farming Market are better quality of food, increasing population, less dependency on water & soil and increasing demand for food. Also, adoption of new technologies, zero usage of pesticides & fertilizers and implementation of artificial lights are expected to boost the market over the forecast period. However, factors such as initial investments expensive in the urban locations, energy consumption of artificial lighting is more and production of high value crops are hindering the growth of the vertical farming market.

Factors such as less usage of fertilizers and pesticides, water conservation, less usage of energy and growing demand for food production are driving the growth of the vertical farming market. Also, rising demand for high quality food, independent farming techniques and less impact of climatic conditions are expected to boost the market over the forecast period. Whereas, high investments and limitations on the crop types are hampering the growth of the vertical farming market.

The various types of vertical farming are hydroponics, aeroponics and aquaponics. Hydroponics involves growing of crops in nutrient solutions which are free of soil, Aeroponics is a technique in which plants are grown in a mist environment without any soil. Aquaponic is a combination of plants and fish in the same ecosystem. However, Hydroponic type accounted for the largest market share in the vertical farming market.
Global Vertical Farming Market is estimated to reach USD 6 billion by the end of 2022 with 21% CAGR during forecast period 2016-2022.

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Key Players:

• Agrilution (Germany),
• Aerofarms (U.S.),
• Indoor Harvest Corporation (U.S.),
• Koninklijke Philips N.V. (Netherlands),
• Everlight Electronics co. (Taiwan),
• Illumitex, Inc. (U.S.),
• Sky Greens (Singapore),
• Hort Americas (U.S.),

Intended Audience:

• Manufacturers
• Distributors
• Research firms
• Consultancy firms
• Software Developers
• Semiconductor Manufacturers
• End-user sectors
• Technology Investors

Regional Analysis:

Regionally, North-America accounted for the largest market share, because of increasing population, employment generation and adoption of new technological solutions
However, Asia-Pacific is expected to grow over the forecast period 2016-2022. Countries such as China and Japan is expected to boost this region majorly due to urbanization, less of fertile land and more investments for developing vertical farming systems.

Segments:
For the purpose of this study, Market Research Future has segmented the market of vertical farming into component, type, crop type and region.

Component:
• Hardware
• Software
• Services

Type:
• Hydroponic
• Aeroponic
• Aquaponic

Crop Type:
• Broccoli
• Spinach
• Cucumbers
• Tomatoes
• Lettuce
• Peppers
• Strawberries
• Others

Region:
• North-America
• Europe
• Asia-Pacific
• Row

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TABLE OF CONTENTS

1 MARKET INTRODUCTION

1.1 INTRODUCTION
1.2 SCOPE OF STUDY
1.2.1 RESEARCH OBJECTIV
1.2.2 ASSUMPTIONS
1.2.3 LIMITATIONS
1.3 MARKET STRUCTURE

2 RESEARCH METHODOLOGY
2.1 RESEARCH NETWORK SOLUTION
2.2 PRIMARY RESEARCH
2.3 SECONDARY RESEARCH
2.4 FORECAST MODEL
2.4.1 MARKET DATA COLLECTION, ANALYSIS & FORECAS
2.4.2 MARKET SIZE ESTIMATION

3 MARKET DYNAMICS
3.1 INTRODUCTIO
3.2 MARKET DRIVERS
3.3 MARKET CHALLENGES
3.4 MARKET OPPORTUNITIES
3.5 MARKET RESTRAINTS
Continue....

LIST OF TABLES

TABLE 1 U.S. VERTICAL FARMING MARKET, BY TYPE
TABLE 2 CANADA VERTICAL FARMING MARKET, BY COMPONENT
TABLE 3 U.S VERTICAL FARMING MARKET, BY CROP TYPE
TABLE 4 CANADA VERTICAL FARMING MARKET, BY CROP TYPE
TABLE 5 EUROPE VERTICAL FARMING MARKET, BY TYPE
Continue....

LIST OF FIGURES

FIGURE 1 EUROPE VERTICAL FARMING MARKET, BY CROP TYPE (%)
FIGURE 2 ASIA-PACIFIC VERTICAL FARMING MARKET, BY COMPONENT (%)
FIGURE 3 ASIA-PACIFIC VERTICAL FARMING MARKET, BY CROP TYPE (%)
Continue....

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